The markets gapped up, filled the gaps and went a little lower, gave us great Opening Range Plays combined with a textbook Value Area play on the ES. I added one additional regular call on the ES that worked a little, but the real winnings were in the Opening Range plays yet again. See those sections below. NASDAQ volume closed at 1.7 billion shares.
Net ticks: +2.5 ticks.
As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:
ES and NQ Opening and Institutional Range Plays:
ES Opening Range Play triggered short at A and worked great:
NQ Opening Range Play triggered short at A and worked great:
ES Tradesight Institutional Range Play:
NQ Tradesight Institutional Range Play:
ES:
My call triggered short at A at 2103.25, hit first target for 6 ticks, and stopped the second half over the entry:
